Trustpilot Group (LON:TRST) Sets New 1-Year Low - Time to Sell?

Trustpilot Group plc (LON:TRST - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 123.93 ($1.68) and last traded at GBX 223 ($3.02), with a volume of 4081875 shares trading hands. The stock had previously closed at GBX 235.79 ($3.20).

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. Panmure Gordon assumed coverage on shares of Trustpilot Group in a report on Monday. They issued a "sell" rating and a GBX 200 ($2.71) price objective on the stock. Berenberg Bank reissued a "buy" rating and issued a GBX 420 ($5.69) price objective on shares of Trustpilot Group in a research report on Friday, May 23rd.

Trustpilot Group Stock Performance

The firm has a market cap of £1.20 billion, a price-to-earnings ratio of 75.71 and a beta of 1.02. The company has a quick ratio of 1.71, a current ratio of 1.31 and a debt-to-equity ratio of 41.16. The stock has a 50 day moving average of GBX 223.34 and a 200 day moving average of GBX 273.22.

Insider Activity

In other Trustpilot Group news, insider Hanno Damm sold 39,902 shares of the business's stock in a transaction dated Tuesday, March 18th. The stock was sold at an average price of GBX 303 ($4.11), for a total transaction of £120,903.06 ($163,847.49). Also, insider Peter Holten Mühlmann sold 1,881 shares of the stock in a transaction dated Tuesday, April 15th. The stock was sold at an average price of GBX 209 ($2.83), for a total transaction of £3,931.29 ($5,327.67). Corporate insiders own 8.24% of the company's stock.

Trustpilot Group Company Profile

Trustpilot began in 2007 with a simple yet powerful idea that is more relevant today than ever — to be the universal symbol of trust, bringing consumers and businesses together through reviews. Trustpilot is open, independent, and impartial — we help consumers make the right choices and businesses to build trust, grow and improve. Today, we have more than 300 million reviews and 67 million monthly active users across the globe, with 127 billion annual Trustpilot brand impressions, and the numbers keep growing.